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Article: AME Info, Abu Dhabi, United Arab Emirates, real estate briefs column.(Column)
- Article from:
- AME Info (Abu Dhabi, United Arab Emirates)
- Article date:
- August 22, 2006
CopyrightCOPYRIGHT 2006 AME Info. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Aug. 22--BWTC REVISES COMPLETION DATE: The Bahrain World Trade Centre will not be completed until the end of 2006, pushing back a September finish previously announced, the Bahrain Tribune reported. Work on the development's twin 50-storey towers had been delayed due to the Al Dana boat disaster in March, in which 50 employees of companies involved in the project died.
LUXURY PROPERTY WARNING: The International Institute of Finance is warning GCC countries that there may not be enough tourists and speculators to make luxury property developments viable, the Times reports. The IIF notes high volatility in asset markets, and says the possibility of further falls in ...